The global market for Energy Trading and Risk Management (ETRM) was estimated to be worth US$ 1558 million in 2024 and is forecast to a readjusted size of US$ 2070 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
Energy trading and risk management (ETRM) is a commercial decision making and market execution tool in an integrated system that enables data exchange among traders and retailers, generators, and operations, contract, and accounting functions. The ETRM system covers complex trading requirements of a liberalized energy market and helps market participants to trade in the full range of contracts across the globe. The ETRM system also entails comprehensive risk management strategies and policies, event and trade identification, and scheduling and settlement execution. It provides consulting services for market monitoring, price transparency, and regulatory compliance. ETRM systems can be implemented to manage the entire value chain of the energy business. These systems are installed to understand the real risks involved in the value chain and provide the best options to overcome these risks. Major global firms engaged in the energy business adopt ETRM solutions widely to maximize profitability and manage the risks in the best possible manner. Oil and gas, coal, power, and biofuel industries are the prominent energy sectors that require energy trading and risk management services.
Energy Trading and Risk Management (ETRM) is an integrated business and technology framework for trading, managing, and settling energy products-power, gas, oil, emissions, and renewables. ETRM platforms orchestrate front-to-back workflows: trade capture, portfolio optimization, scheduling and dispatch of physical assets (generation, storage, pipelines), settlement and accounting, and multi-dimensional risk measurement (market, credit, volumetric). Modern ETRM solutions provide real-time risk analytics, scenario stress-testing, regulatory reporting, data governance, and decision-grade visualization, functioning as the operational and analytical "nerve center" for utilities, traders, and large energy consumers operating in volatile and increasingly regulated markets.
The energy transition and net-zero agendas are reshaping market structures: higher shares of renewables, more complex spot and derivative markets, and new business models such as storage and Virtual Power Plants (VPPs) all increase demand for granular, real-time trading and risk management. Regulatory reforms that raise transparency and settlement robustness (including electricity market redesigns and emissions compliance frameworks) are driving firms to modernize governance and control through ETRM investments-creating sustained, policy-backed demand.
Key challenges include frequent market rule changes requiring costly platform adaptations, cross-jurisdictional legal/tax complexity, long implementation cycles with internal change management friction that delay ROI, and regulatory/political shifts that can abruptly alter trading patterns. Data source or exchange disruptions pose immediate risks to price discovery and position control.
Downstream demand is broadening from traditional traders to utilities, IPPs, storage operators, and large industrial consumers, with twin needs for low-latency risk monitoring/automated hedging and robust ESG/compliance capabilities (e.g., VPPAs, renewable certificate accounting). Upstream "single-line capacity" for an ETRM delivery-comprising market data ingestion, clearing interfaces, risk engines, cloud compute and validated models-determines how rapidly and repetitively vendors can deploy solutions; data governance and model validation are the bottlenecks that most influence delivery speed and product scalability.
This report aims to provide a comprehensive presentation of the global market for Energy Trading and Risk Management (ETRM), focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Energy Trading and Risk Management (ETRM) by region & country, by Type, and by Application.
The Energy Trading and Risk Management (ETRM) market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Energy Trading and Risk Management (ETRM).
Market Segmentation
By Company
- OpenLink
- FIS
- Sapient
- Accenture
- Trayport
- Allegro
- ABB
- Triple Point
- SAP
- Amphora
- Eka Software
Segment by Type
- Vendor License and Service
- SaaS or Hosted Service
Segment by Application
- Power
- Natural Gas
- Oil and Products
- Other
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Energy Trading and Risk Management (ETRM) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Energy Trading and Risk Management (ETRM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Energy Trading and Risk Management (ETRM) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Energy Trading and Risk Management (ETRM) Product Introduction
- 1.2 Global Energy Trading and Risk Management (ETRM) Market Size Forecast (2020-2031)
- 1.3 Energy Trading and Risk Management (ETRM) Market Trends & Drivers
- 1.3.1 Energy Trading and Risk Management (ETRM) Industry Trends
- 1.3.2 Energy Trading and Risk Management (ETRM) Market Drivers & Opportunity
- 1.3.3 Energy Trading and Risk Management (ETRM) Market Challenges
- 1.3.4 Energy Trading and Risk Management (ETRM) Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Energy Trading and Risk Management (ETRM) Players Revenue Ranking (2024)
- 2.2 Global Energy Trading and Risk Management (ETRM) Revenue by Company (2020-2025)
- 2.3 Key Companies Energy Trading and Risk Management (ETRM) Manufacturing Base Distribution and Headquarters
- 2.4 Key Companies Energy Trading and Risk Management (ETRM) Product Offered
- 2.5 Key Companies Time to Begin Mass Production of Energy Trading and Risk Management (ETRM)
- 2.6 Energy Trading and Risk Management (ETRM) Market Competitive Analysis
- 2.6.1 Energy Trading and Risk Management (ETRM) Market Concentration Rate (2020-2025)
- 2.6.2 Global 5 and 10 Largest Companies by Energy Trading and Risk Management (ETRM) Revenue in 2024
- 2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Energy Trading and Risk Management (ETRM) as of 2024)
- 2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Vendor License and Service
- 3.1.2 SaaS or Hosted Service
- 3.2 Global Energy Trading and Risk Management (ETRM) Sales Value by Type
- 3.2.1 Global Energy Trading and Risk Management (ETRM) Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Energy Trading and Risk Management (ETRM) Sales Value, by Type (2020-2031)
- 3.2.3 Global Energy Trading and Risk Management (ETRM) Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Power
- 4.1.2 Natural Gas
- 4.1.3 Oil and Products
- 4.1.4 Other
- 4.2 Global Energy Trading and Risk Management (ETRM) Sales Value by Application
- 4.2.1 Global Energy Trading and Risk Management (ETRM) Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Energy Trading and Risk Management (ETRM) Sales Value, by Application (2020-2031)
- 4.2.3 Global Energy Trading and Risk Management (ETRM) Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
- 5.1 Global Energy Trading and Risk Management (ETRM) Sales Value by Region
- 5.1.1 Global Energy Trading and Risk Management (ETRM) Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Energy Trading and Risk Management (ETRM) Sales Value by Region (2020-2025)
- 5.1.3 Global Energy Trading and Risk Management (ETRM) Sales Value by Region (2026-2031)
- 5.1.4 Global Energy Trading and Risk Management (ETRM) Sales Value by Region (%), (2020-2031)
- 5.2 North America
- 5.2.1 North America Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 5.2.2 North America Energy Trading and Risk Management (ETRM) Sales Value by Country (%), 2024 VS 2031
- 5.3 Europe
- 5.3.1 Europe Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 5.3.2 Europe Energy Trading and Risk Management (ETRM) Sales Value by Country (%), 2024 VS 2031
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 5.4.2 Asia Pacific Energy Trading and Risk Management (ETRM) Sales Value by Region (%), 2024 VS 2031
- 5.5 South America
- 5.5.1 South America Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 5.5.2 South America Energy Trading and Risk Management (ETRM) Sales Value by Country (%), 2024 VS 2031
- 5.6 Middle East & Africa
- 5.6.1 Middle East & Africa Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 5.6.2 Middle East & Africa Energy Trading and Risk Management (ETRM) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Energy Trading and Risk Management (ETRM) Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.3 United States
- 6.3.1 United States Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.3.2 United States Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.4.2 Europe Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.5.2 China Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.6.2 Japan Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.7.2 South Korea Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.8.2 Southeast Asia Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Energy Trading and Risk Management (ETRM) Sales Value, 2020-2031
- 6.9.2 India Energy Trading and Risk Management (ETRM) Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Energy Trading and Risk Management (ETRM) Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 OpenLink
- 7.1.1 OpenLink Profile
- 7.1.2 OpenLink Main Business
- 7.1.3 OpenLink Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.1.4 OpenLink Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.1.5 OpenLink Recent Developments
- 7.2 FIS
- 7.2.1 FIS Profile
- 7.2.2 FIS Main Business
- 7.2.3 FIS Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.2.4 FIS Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.2.5 FIS Recent Developments
- 7.3 Sapient
- 7.3.1 Sapient Profile
- 7.3.2 Sapient Main Business
- 7.3.3 Sapient Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.3.4 Sapient Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.3.5 Sapient Recent Developments
- 7.4 Accenture
- 7.4.1 Accenture Profile
- 7.4.2 Accenture Main Business
- 7.4.3 Accenture Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.4.4 Accenture Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.4.5 Accenture Recent Developments
- 7.5 Trayport
- 7.5.1 Trayport Profile
- 7.5.2 Trayport Main Business
- 7.5.3 Trayport Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.5.4 Trayport Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.5.5 Trayport Recent Developments
- 7.6 Allegro
- 7.6.1 Allegro Profile
- 7.6.2 Allegro Main Business
- 7.6.3 Allegro Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.6.4 Allegro Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.6.5 Allegro Recent Developments
- 7.7 ABB
- 7.7.1 ABB Profile
- 7.7.2 ABB Main Business
- 7.7.3 ABB Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.7.4 ABB Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.7.5 ABB Recent Developments
- 7.8 Triple Point
- 7.8.1 Triple Point Profile
- 7.8.2 Triple Point Main Business
- 7.8.3 Triple Point Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.8.4 Triple Point Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.8.5 Triple Point Recent Developments
- 7.9 SAP
- 7.9.1 SAP Profile
- 7.9.2 SAP Main Business
- 7.9.3 SAP Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.9.4 SAP Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.9.5 SAP Recent Developments
- 7.10 Amphora
- 7.10.1 Amphora Profile
- 7.10.2 Amphora Main Business
- 7.10.3 Amphora Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.10.4 Amphora Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.10.5 Amphora Recent Developments
- 7.11 Eka Software
- 7.11.1 Eka Software Profile
- 7.11.2 Eka Software Main Business
- 7.11.3 Eka Software Energy Trading and Risk Management (ETRM) Products, Services and Solutions
- 7.11.4 Eka Software Energy Trading and Risk Management (ETRM) Revenue (US$ Million) & (2020-2025)
- 7.11.5 Eka Software Recent Developments
8 Industry Chain Analysis
- 8.1 Energy Trading and Risk Management (ETRM) Industrial Chain
- 8.2 Energy Trading and Risk Management (ETRM) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Energy Trading and Risk Management (ETRM) Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Energy Trading and Risk Management (ETRM) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer